Common use of Ranking of Notes Clause in Contracts

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 18 contracts

Sources: Securities Purchase Agreement (Ads-Tec Energy Public LTD Co), Securities Purchase Agreement (Fusion Fuel Green PLC), Securities Purchase Agreement (Fusion Fuel Green PLC)

Ranking of Notes. Other than Permitted Indebtedness (as defined in At the Notes) secured by Permitted Liens (as defined in the Notes), if anyClosing, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwiseotherwise (other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes)).

Appears in 7 contracts

Sources: Securities Purchase Agreement (Global Technologies LTD), Securities Purchase Agreement (Cryptyde, Inc.), Securities Purchase Agreement (Cryptyde, Inc.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the each Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Cosmos Health Inc.), Securities Purchase Agreement (BIT ORIGIN LTD), Securities Purchase Agreement (NewGenIvf Group LTD)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the applicable Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 4 contracts

Sources: Securities Purchase Agreement (GCL Global Holdings LTD), Securities Purchase Agreement (GCL Global Holdings LTD), Securities Purchase Agreement (Visionary Holdings Inc.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Eastside Distilling, Inc.), Securities Purchase Agreement (Reebonz Holding LTD)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the such Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Sources: Securities Purchase Agreement (American Superconductor Corp /De/), Securities Purchase Agreement (Odyssey Marine Exploration Inc)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Sources: Securities Purchase Agreement (PharmaCyte Biotech, Inc.), Securities Purchase Agreement (Femasys Inc)

Ranking of Notes. Other Except as disclosed on Schedule 3(p) or the SEC Documents, no Indebtedness (other than Permitted Indebtedness (as defined in the Notes) Note), including Indebtedness secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness Liens) of the Company, at the Closing, will be Company is senior to, to or ranks pari passu with, with the Notes in right of payment, whether with respect to of payment or of redemptions, interest, damages, damages or upon liquidation or dissolution or otherwise.

Appears in 1 contract

Sources: Securities Purchase Agreement (Antigenics Inc /De/)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no No Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwiseotherwise (other than Permitted Senior Indebtedness (as defined in the Notes) and, solely to the extent of the actual value of any Permitted Lien (as defined in the Notes), any Permitted Indebtedness (as defined in the Notes) secured by a Permitted Lien).

Appears in 1 contract

Sources: Securities Purchase Agreement (KushCo Holdings, Inc.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 1 contract

Sources: Securities Purchase Agreement (Satcon Technology Corp)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes)Liens, if any, no Indebtedness of the Company, at the each Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 1 contract

Sources: Securities Purchase Agreement (Arcimoto Inc)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.. (ww)

Appears in 1 contract

Sources: Securities Purchase Agreement (Visionary Education Technology Holdings Group Inc.)

Ranking of Notes. Other than Permitted Senior Indebtedness (as defined in the Notes) secured by Permitted Liens and the Redemption Notes (as defined in prior to the Notesredemption of such Redemption Notes at the Closing), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 1 contract

Sources: Securities Purchase Agreement (LOCAL Corp)